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of the house was provided by governor cuomo, governor christie, merritt blob, everybody played -- mayor bloomberg, everybody played by the rules except tonight. indefensible. we have a moral obligation. the people are out of their homes, the people who are cold, the people without food, the people who have lost their jobs, they don't have the time to wait. we cannot just walk away from our responsibilities. >> and the senate had passed a $60.4 billion sandy disaster aid bill last week. the current session comes to an end today after the new congress gets sworn in. legislation does not, though, carry over from session to session. so consideration of an aid bill would have to start all over again if nothing is scheduled before then. joe? >> back and forth on this was whether it's direct aid or not, in the house they said that there were things that were tagged on. things for like aid for fisheries in alaska that they didn't want to see the aid. they want it to be aid that would go directly -- earmarks is what blew this one up. but it's kind of shocking when you realize that that was what,
to bolt and move on it tonight. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech to say that the house at this point is standing back and saying we haven't moved the ball yet. >> understood. >> okay. >> we'll get back to you shortly, i'm sure. there'll be more coming out of washington. in the meantime, we just closed out the trading year for 2012. as the dust settles, courtney reagan now breaks down what was i would say among the developed markets a pretty good year for stocks. >> not that bad. lots of green. we're ending on a high note today. all three indexes closing up today and for 2012. the nasdaq the biggest winner. up almost 16%. the s&p notches a 13.4% gain. and the dow up 7.3% for 2012. wh
people hate congress. it's why they hate them. and governor cuomo and i are as two frustrated as two people can be, because unlike people in congress, we have actual responsibilities. and we have a responsibility to make things happen. >> reporter: tough words there. president obama joined the fight earlier in the day, demanding that the house take action to move the aid package. you can almost imagine that john boehner felt a little bit today like the last politician to get hit by an obama-christie one-two punch. that was mitt romney. >> ouch. thank you, eamon. let's get to our two special guests to kick this around. i say happy new year to both of you, gentlemen. my old friend charlie wrangle, it looks like peter king prevailed. $9 billion in flood insurance this friday and another $51 billion in relief the following friday, which gets you to the $60 billion in the senate. is this battle over and won, charlie? >> as far as i am concerned, i think it was a good day for the congress, peter king and so many other republicans that don't normally find this coalition with democrats did c
Search Results 0 to 2 of about 3

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